Is a single bank supervisor inevitable throughout the EU?
By Duncan AlfordAugust 16, 2021
After the Great Recession and the subsequent euro currency crisis, the EU responded by proposing a banking union based on three pillars: a Single Supervisory Mechanism (SSM) within the European Central Bank (ECB), a Single Resolution Mechanism (SRM), and a common deposit insurance scheme.
The SSM became operational in November ...
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